Important info about the Govt shutdown and your tax refund!

posted by Bill Reed -
Jan 8, 2019

What about you tax refunds due to the government shutdown? Will they be held back? The White House took action on Monday to make sure that's not the case. The Trumpadministration directed the IRS to issue tax refunds that are due, bucking past legal precedent.

During previous administrations and as late as last year, the IRS said it wouldn't pay out tax refunds while a government shutdown was in progress. However, on Monday, lawyers for the Trump administration said that refunds could be issued, though some Democrats questioned the legality of such a move.

Though some might think it's too early to even think about filing their taxes, others are anxious to get their refunds. Between January 29th and March 2nd of last year, the IRS distributed more than $147 billion in tax refunds to 48.5 million taxpayers. (The Washington Post)